Refi, purchase apps switch places over the years | Katonah Real Estate

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Mortgage applications posted that the refinance share of overall mortgage activity slightly fell to 74% of total applications, the Mortgage Bankers Association said.
Despite the small drop, the refinance share of mortgage applications has hovered around 75% for quite some time.
But a quick look back in history paints a more intriguing story.
Wade Betz, vice president of sales with Guardian Mortgage, has tracked his personal purchase application volumes versus refinancing activity since he started at the firm in 2006.
Since Betz began, the refinance and purchase shares of mortgage activity have performed a 180.


Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Refi, purchase apps switch places over the years | Katonah Real Estate

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